RosanaRodriguez
User
- Bank deposit: from 280 000 EUR
- State budget contribution: 25 000 EUR
- Minimum deposit period: 5 years
- Application state fees: 1 000 EUR
- Length of the process: 1 - 3 months
- Visa-free travel: European Union
Latvian Immigration Law provides several investment options for obtaining residency in the country based on different residence permit programs, including receiving a temporary residence permit (TRP) and a permanent residence permit (PRP) afterwards.
Choosing correctly between the available options is strategically important for each foreigner and his family members relocating to the country when it comes to making plans for the future.
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According to official data of Latvian Office of Citizenship and Migration for 01.01.2017, a total amount of TRP issued on the basis of company capital investment is 609. It is rated as the 2nd popular type of investment after a real estate purchase.